BNP Paribas Mutual Fund unveils Fixed Term Fund–Series 21 B

BNP Paribas Mutual Fund new issue closes on 23rd February

BNP Paribas Mutual Fund has launched BNP Paribas Fixed Term Fund-Series 21 B, a close-ended income scheme.

The investment objective of the scheme would be to achieve growth of capital through investments made in a basket of fixed income securities maturing on or before the maturity of the scheme.

The new issue closes on 23rd February. The minimum investment amount is Rs5,000.

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Sundaram Mutual Fund floats fixed term plans

Sundaram Mutual Fund new issue closes on 1st March

Sundaram Mutual Fund has launched Sundaram Fixed Term Plans-AD, AE and AX, a close-ended income scheme.

The objective of the scheme would be to generate income with minimum volatility by investing in debt and money market securities, which mature on or before the maturity of the scheme.

The new issue for plans AD and AE closes on 1st March. The minimum investment amount is Rs5,000. The new issue for plan AX closes on 18th February.

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Shreyas Relay Systems enters into strategic alliance with All India Coastal Forwarder Welfare Committee

Shreyas Relay Systems through this strategic alliance aims to bridge up the knowledge gap amongst the members of AICFWC by creating a knowledge-interactive platform

Shreyas Relay Systems has entered into a strategic alliance with All India Coastal Forwarder Welfare Committee (AICFWC), India's only association focusing on domestic cargo in containers using costal shipping. The company organised 'Trade & Logistics Knowledge forum 2011', a knowledge-based interactive platform on logistics segment for the members of the association. The first series of event was recently organised at Gandhidham, witnessing complete strength of association members' participation.

Shreyas Relay Systems through this strategic alliance aims to bridge up the knowledge gap amongst the members of AICFWC by creating a knowledge-interactive platform. The company at regular intervals will conduct such knowledge forums jointly with AICFWC to educate the members on best practices in logistics and transportation planning, various mandatory documentation requirements and trade development models that are likely to be implemented in near future. Overall it will help the members address key issues and challenges that are faced at macro-level and will equip them better to cater the logistics requirement of their clients.

All India Coastal Forwarder Welfare Committee focuses on carrying domestic cargo in containers using costal shipping. The members' of the association cover 90% of the total market share of domestic cargo in containers.

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